Industrial Research Assistance Program (IRAP)

Grant Description

NRC IRAP provides funding to support research and development projects at various stages of the innovation cycle. In 2018‑2019, NRC IRAP was mandated to expand its support to include an increased funding threshold of up to $10 million for larger research and development projects. Working as an extension of traditional NRC IRAP support, the additional funding for larger research and development projects is targeted toward firms that will have demonstrated to the program the ability to grow rapidly and significantly. These firms will be identified by NRC IRAP with the objective to help recipients of this increased funding threshold achieve transformative growth within 5 years of completing their project and, in so doing, significantly benefit Canada’s economy. 

  

If it is determined that NRC IRAP support could benefit your development and growth strategies, you will be referred to an industrial technology advisor (ITA). Following your ITA’s assessment of your business and proposed project, they may invite you to develop a project proposal for financial support through NRC IRAP. Your proposal will be assessed within three months, taking into consideration: 

  

  • the project’s technical aspects and potential impacts on your business 
  • your business, management, and financial capacity 
  • your assessed potential to achieve expected results 
  • your commercialization plan 
  • the overall market and commercialization opportunity 
  • the anticipated benefits to Canada. 

  

If successful, you’ll receive the financial contribution to share the costs of your R&D project activities, and you will need to submit monthly reimbursement claims to NRC IRAP. 

  

Eligibility Requirements:
 

  • you are an incorporated, profit-oriented small or medium-sized business in Canada 
  • you have 500 or fewer full-time equivalent employees 
  • you plan to pursue growth and profit by developing and commercializing innovative, technology-driven new or improved products, services or processes in Canada 
  • you have $500,000 in revenue since your date of incorporation 

  

Funding Level(s): up to $10 million 

  

Maximum total investment by all government(s) (Stacking):   Maximum of 75% of salary costs. 

* May be combined with Provincial level funding such as Mitacs Accelerate 

 

Purpose: Funding R&D costs for a project.  

  

Deadline: Open and ongoing.  

  

Source: https://nrc.canada.ca/en/support-technology-innovation/financial-support-technology-innovation-through-nrc-irap  

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